Date: 20.12.2017.

The Estonian companies running their ads on Pervyi Baltiiskyi Kanal (PBK), a Russian-language television channel registered in Latvia that broadcasts mostly content produced in Russia, regard the channel as important in reaching the Russian-speaking audience, Postimees said, cites LETA/BNS.

The European Commission has decided to earmark 9.21 million euros in European Union (EU) support to Lithuanian farmers affected by heavy rainfall, the EC mission in Lithuania told BNS on Wednesday. The European Commission will provide EUR 3.46 million from EU agricultural funds to help farmers from Latvia who had to face exceptional rainfall in the autumn, the Commission’s representation in Latvia reported LETA.

Lithuania's hardboard, cardboard and hygiene paper production group Grigeo projects to reach 142.8 million euros in consolidated revenue in 2018 and post a pre-tax profit of 8.6 million euros, a respective increase by 12.4% and 14.7% from this year, informs LETA/BNS.

– Estonia and Russia on Tuesday signed an agreement on cooperation in transport in which they expressed a wish to increase the speed of the Tallinn-Moscow passenger train that travels through St. Petersburg crossing the border, informs LETA/BNS.

EU economy’s future: slow but positive growthGrowth in all EU states will continue in 2019-20, though at a slower pace than before. The largest EU’s economies will grow at around 1,5-1,7%, mostly in Poland, Spain and Holland. The Baltic States’ growth will continue to be on the positive trend.